Orient Technologies shares rally 17% on signing 3-year cybersecurity contract with Securonix

The stock gained as much as 16.6% to hit an intraday high of ₹274.50 per equity share on the National Stock Exchange (NSE) on Friday, compared with Thursday's closing price of ₹235.36 apiece.

At around 12:11 PM, the scrip was trading at ₹258.88 per unit, marking a 9.99% jump. It has soared 9% in the past week but fallen 34% on a year-to-date (YTD) basis.

While the stock hit a 52-week high of ₹466.73 per equity share on October 7, 2025, it touched a year’s low of ₹220.80 apiece on March 30, 2026.

According to a regulatory filing dated September 10, the firm said that it has also planned additional investments as the business scales, taking the investment to approximately $5 million over the course of the expansion.

Under the strengthened relationship, Orient Tech will take on an expanded mandate as Securonix's exclusive Value-Added Distributor (VAD) and joint go-to-market partner in India, while building capabilities across implementation, professional services, technical support, managed security and security operations centre (SOC) enablement.

Building on Orient Technologies’ experience as a Securonix Managed Security Service Provider (MSSP), the expanded mandate will see Orient lead distribution and joint go-to-market initiatives in India, enable regional partners and support enterprise deployments and integrations, it added.

“This arrangement will strengthen Orient Technologies’ cybersecurity business by combining technology, implementation, professional services, technical support, managed security and SOC enablement across the security lifecycle,” the company said.

The company has also planned to hire around 100 cybersecurity professionals and target 12% growth in its customer footprint.

“Together, these initiatives will create an end-to-end cybersecurity model spanning technology adoption, implementation and ongoing security operations,” Orient Technologies added.

Commenting on the development, Ajay Sawant, Chairman & Managing Director, Orient Technologies, said that the firm’s expanded relationship with Securonix represents the next stage of its cybersecurity journey, adding that what began as a managed security relationship has evolved into a broader engagement spanning distribution, implementation, professional services and security operations.

“The opportunity is not simply to take another cybersecurity technology to market. It is to help enterprises translate security investments into sustained resilience. By combining Securonix's AI-powered platform with Orient's implementation expertise and managed security capabilities, we intend to support customers across the security lifecycle from deployment and integration to ongoing security operations,” Sawant added.

Orient Technologies has a total market capitalisation of ₹1,183.62 crore as of September 11, 2026, according to data on the NSE.